Mount Laurel, N.J.-based Freedom Mortgage Corp. completed its previously announced merger with RoundPoint Mortgage Servicing Corp.

As a result of the merger, RoundPoint Mortgage Servicing is now a wholly owned subsidiary of Freedom Mortgage. Freedom Mortgage's combined owned and subserviced mortgage servicing rights portfolio is now approximately $310 billion of unpaid principal balance. The merger also provides Freedom Mortgage with an active subservicing platform and broadens the scope of the company's co-issue origination network, according to a news release.

Goldman Sachs & Co. LLC served as financial adviser to RoundPoint Mortgage Servicing, and Sidley Austin LLP acted as legal counsel. Classic Strategies Group served as financial adviser to Freedom Mortgage, and Zukerman Gore Brandeis & Crossman LLP acted as legal counsel.